The House of Lords Artificial Intelligence Committee’s report, AI in the UK: Ready, Willing and Able, said the UK has the potential to be a leader in developing AI. It called on the government to support businesses in the field.
What else did the report say?
It also recommended that people be educated to work alongside AI in the jobs of the future. The report advised that such education would “mitigate the negative effects” on jobs which are possible as AI develops.
It named Google, IBM and Microsoft as the current leaders in the field. But said there was a danger that the fast-growing industry would be monopolised by those few. They have amassed huge amounts of data and “must be prevented from becoming overly powerful” it said.
Despite the stark warning there was no need to create an AI-regulator to rein in those tech giants, said the report. Instead regulators in other industries should be aware of the growing use of AI in their sector, such as insurance and act accordingly.
